VETERANS AID & ATTENDANCE PENSION
In remembrance of D-Day we thought it would be fitting to discuss something that has been set up specifically for veterans and their spouses.
If you are a veteran, have a parent that is a veteran, or know someone who is a veteran, make sure to read this.
As America’s veterans continue to age one of the biggest concerns becomes long term care. What happens if they need it and how are they going to pay for it.
Basically, if someone served in the military and meet some requirements, they and their spouse can receive financial aid to help with some of the costs associated with extended health care.
Here are the annual benefits amounts…
- Two married veterans: $35,813 annually
- Married veteran: $26,766 annually
- Single veteran: $22,577 annually
- Surviving spouse: $14,507 annually
Now there are various qualifications someone has to meet in order to qualify for these benefits…
- Served at least 90 days of active duty service, with at least one day during a wartime period. Click here to confirm the wartime periods.
- If someone entered active duty after September 7, 1980, generally they must have served at least 24 months or the full period for which they were called or ordered to active duty (with some exceptions) and one day during wartime.
- Must be age 65 or older, or
- Totally or permanently disabled, or
- A patient in a nursing home receiving skilled nursing care, or
- Receiving Social Security Disability Insurance, or
- Receiving Supplemental Security Income
There are income and net worth limitation that you can learn about here to be eligible.
If you or someone you know may be able to benefit from this, let us know. Trying to apply for these benefits by yourself is challenging. It can take months and if one thing on the application is missing, it is rejected.
We recommend you work with an organization that specializes in helping veterans and their spouses qualify for these benefits.
These benefits are just sitting there waiting to be used by our veterans and their spouses. Make sure that you or someone you know is getting all that you deserve.
Both Hands Financial Group does not specialize in helping people qualify for these benefits but can help you find an agency that does. We simply want to make sure that every veteran and spouse know about these benefits.